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1991-151
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1991-151
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Last modified
5/15/2017 3:01:02 PM
Creation date
5/15/2017 2:41:21 PM
Metadata
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Template:
Resolutions
Resolution Number
1991-151
Approved Date
09/24/1991
Resolution Type
Utilities
Entity Name
Water and Sewer Revenue Bonds Series 1991
Subject
Bond Purchase Agreement
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11 <br />As Bond Counsel, we have examined, among other things: certified <br />copies of certain proceedings of the Board with respect to the Series 1991 Bonds <br />and other proofs submitted to us that are relevant to the issuance and sale of <br />the Series 1991 Bonds; a certified copy of the Resolution; certain documents <br />required by the Resolution to be furnished as conditions precedent to issuance <br />and delivery of the Series 1991 Bonds; an affidavit of no litigation; a non - <br />arbitrage certificate of the County; a rebate compliance certificate of the <br />County; and usual and required closing affidavits, certificates and documents. <br />We also have examined a specimen of the Series 1991 Bonds executed in the manner <br />required by the Resolution, and assume that, as required by the Resolution, all <br />of the Series 1991 Bonds have been similarly executed, will be issued in <br />registered form and will be authenticated by the Paying Agent, acting as bond <br />registrar. <br />As to questions of fact material to our opinion, we have relied upon <br />the certified proceedings and other certifications of public officials furnished <br />to us without undertaking to verify such facts by independent investigation. <br />Based on our examination and assuming investment and application of <br />the proceeds of the Series 1991 Bonds as set forth in the aforementioned non - <br />arbitrage certificate and rebate compliance certificate, assuming that the Series <br />1991 Bonds will remain in registered form as required by the Resolution, and <br />assuming continuing compliance by the County with the aforementioned covenants <br />pertaining to the Code, we are of the opinion that: <br />1. The County is a political subdivision of the State of Florida <br />and has the power to issue the Series 1991 Bonds, to acquire, construct, own, <br />- 4 - <br />
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